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Kessel D. Stelling has been leading Synovus Financial Corp. since 2010 and became the CEO on October 7 of that year. His journey in banking started in 1974. He spent a significant part of his career at Synovus's subsidiary, Bank...

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Kessel D. Stelling

CEO of Synovus Financial

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1956 - 69 years ago

CEO of Synovus Financial for

14 years 6 months (Oct 2010 - Present)

Previous Experience

President and Chief Operating Officer of Synovus

Holdings

See how much did Kessel D. Stelling make over time.

Kessel D. Stelling has engaged in significant stock trades while leading Synovus Financial Corp. His holdings have fluctuated greatly over the years. In 2019, his insider trading reached a peak with values over $15 million in multiple transactions across the...

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Insider Trading

See recent insider trades of Kessel D. Stelling.

No insider trades found for this CEO.

Compensation History

See how much did Kessel D. Stelling make over time.

In 2022, Kessel D. Stelling received a total compensation of about $4.99 million as the CEO of Synovus Financial Corp. His salary stood at $1.13 million, supplemented by substantial stock awards that vested, illustrating a performance-based compensation model. Notably, there weren’t any cash bonuses awarded in recent years, signaling a shift towards aligning rewards with the company’s long-term goals rather than short-term gains. Kessel's focus on performance metrics meant that his pay remains closely tied to Synovus's financial health. Prior years showed similar structures in his compensation, reflecting a consistent philosophy of paying for performance while maintaining competitive pay to attract and retain top talent. Overall, his compensation is structured to encourage alignment with shareholder interests and company success.

Year

2022

Total Compensation

$3.31M

Salary

$1.13M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while ensuring competitive pay opportunities to attract and retain top talent.

Bonus

$0.00

Board Justification

No bonus was awarded for 2022 as per the summary compensation table.

Other

$156.94K

Board Justification

Includes contributions to nonqualified deferred compensation plans and other benefits.

Restricted Stock

$2.02M(2.02M RSU)

Board Justification

The value of stock awards that vested in 2022, including performance stock units (PSUs) and restricted stock units (RSUs).

Performance Metrics

The performance metrics for 2022 included adjusted EPS, adjusted ROAA, and corporate and personal objectives.

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